VN Agriculture Ministry reassures public that pork shortage will not occur

Deputy Minister of Agriculture and Rural Development Ha Cong Tuan affirmed that the ministry will not allow the pork price to increase dramatically as it has in China.

In late 2018, Asian swine fever (ASF) broke out in a number of Asian countries. The epidemic spread to many provinces in China and 200 million pigs have been culled there. In some localities, coupons have to be used to buy certain amounts of pork.

VN Agriculture Ministry reassures public that pork shortage will not occur



In Vietnam, ASF has appeared nationwide and 6 million pigs have been culled. As the supply is getting short, the pork price has been rising rapidly.

Citing the case of China, some experts warned that the pork price will continue rising, which may reach VND70,000 per kilogram in some days.

On October 8, the live pork price in the north surged to VND58,000-62,000 per kilogram. The price in the south was lower, but also high at VND52,000-58,000.

In late 2018, Asian swine fever (ASF) broke out in a number of Asian countries. The epidemic spread to many provinces in China and 200 million pigs have been culled there. In some localities, coupons have to be used to buy certain amounts of pork.

As such, the price increased by VND10,000-12,000 per kilogram compared with the end of September.

 


Bui Thi Hai, a petty merchant at Phuong Mai Market, said the pork price had increased every day and it was difficult to buy pigs from farmers to slaughter for retail.

“I had nothing to sell yesterday and the day before yesterday. Luckily, I can buy an 80 kilogram pig from farmers today,” she said, explaining that the number of pigs left among farmers is very low.

“Pigs have been culled because of the epidemic. Farmers are still reluctant to breed pigs again for fear of an epidemic,” Hai said.

Tuan has reassured the public that Vietnam will not see z pork shortage. He told the press on the sidelines of an event held on October 8 that the agriculture ministry will apply measures to stabilize the pork price.

“We are aware of the risk and we are considering measures to settle the problem,” Tuan said.

The Ministry of Agriculture and Rural Development (MARD) has encouraged farmers in localities which have not suffered from ASF and localities which can meet criteria for disease safety to resume breeding.

Vietnam is forecast to lack 200,000 tons of pork by the end of the year. The pork shortage will be offset by other kinds of meat, including beef, chicken and seafood.

Tuan said that the total meat output will be sufficient, but the pork output will decrease. 

Bao Ha

Vietnam, top 5 in pig husbandry, imports pork in large quantity

Vietnam, top 5 in pig husbandry, imports pork in large quantity

The amount of pork Vietnam imported in the first seven months of the year increased by 3.4 times in quantity, while the value rose by 4.3 times compared with the same period last year.

Vietnam’s pork shortage predicted to surge to US$1.3 billion by early next year

Vietnam’s pork shortage predicted to surge to US$1.3 billion by early next year

The pork shortage is adding pressure to the Vietnamese government’s efforts to keep inflation below 4% this year.

 
 

Other News

.
Supermarkets report dramatic increase in online orders these days
Supermarkets report dramatic increase in online orders these days
BUSINESSicon  06/06/2021 

Some supermarkets and fast food stores in districts 12, Tan Binh, Hoc Mon yesterday announced a dramatic increase in online orders, up by 3-5 times compared to prior days.

New COVID-19 outbreak puts a halt to more domestic flights
New COVID-19 outbreak puts a halt to more domestic flights
BUSINESSicon  05/06/2021 

Given COVID-19 developments, the Ministry of Transport (MoT) has approved the suspension of passenger flights to Con Dao Island and those linking Quang Ninh and Gia Lai provinces with Ho Chi Minh City.

Made-in-Vietnam wooden products conquer US market
Made-in-Vietnam wooden products conquer US market
BUSINESSicon  05/06/2021 

Boasting huge production advantages and capitalising on good market opportunities, Vietnam’s furniture sector has stood firm amid COVID-19 and improved its position in the global market and especially in the US.

Hanoi wants to tax abandoned villas
Hanoi wants to tax abandoned villas
BUSINESSicon  04/06/2021 

Hanoi has proposed to the Ministry of Finance the imposition of a tax or fine on owners of half-finished and abandoned townhouses and villas which were causing considerable waste of land resources.

VN may have to reduce renewable power in the next five years: energy institute
VN may have to reduce renewable power in the next five years: energy institute
BUSINESSicon  04/06/2021 

It is likely that Vietnam will have to reduce renewable energy sources in the next five years, as booming development in recent years was weighing on the power system, according to a recent report by the Institute of Energy.

Vietnam Airlines to sell 11 aircraft
Vietnam Airlines to sell 11 aircraft
BUSINESSicon  04/06/2021 

The national flag carrier Vietnam Airlines has announced the plan to sell 11 A321ceo aircraft made in 2004, 2007 and 2008.

VIETNAM BUSINESS NEWS JUNE 5
VIETNAM BUSINESS NEWS JUNE 5
BUSINESSicon  05/06/2021 

Demand for deposits soar as cashless payments become more popular

Covid-19 pandemic helps clean up condotel market in Vietnam
Covid-19 pandemic helps clean up condotel market in Vietnam
BUSINESSicon  04/06/2021 

Severe economic impacts as a result of the pandemic have put more stress on the local condotel market.

IPs set up, but Vietnam still needs to do more to attract investors
IPs set up, but Vietnam still needs to do more to attract investors
BUSINESSicon  03/06/2021 

There were positive developments of industrial parks in Vietnam in the first five months of the year, but experts still say the country should do more to attract big investors.

CPI growth in Jan-May lowest in five years
CPI growth in Jan-May lowest in five years
BUSINESSicon  03/06/2021 

The country’s consumer price index (CPI) in the first five months of the year grew 1.29% year-on-year, the lowest for the period since 2016, according to the General Statistics Office.

Deposit interest rates rising despite pandemic
Deposit interest rates rising despite pandemic
FEATUREicon  05/06/2021 

After many months of staying at low levels, deposit interest rates at banks have increased since late May.

Ministry of Finance proposes keeping fee reductions until end of 2021
Ministry of Finance proposes keeping fee reductions until end of 2021
BUSINESSicon  03/06/2021 

The Ministry of Finance has proposed extending the reduction periods of several fees beyond the current expiration date of June 30.

Nearly 60,000 businesses withdraw from market
Nearly 60,000 businesses withdraw from market
BUSINESSicon  03/06/2021 

The number of newly established enterprises is still increasing, but the rate of businesses withdrawing from the market has also risen.

LG pulls out of smartphone production in Vietnam from today
LG pulls out of smartphone production in Vietnam from today
BUSINESSicon  02/06/2021 

Today, June 1, is the last day that South Korean conglomerate LG produces smartphones in Vietnam before it focuses on making home appliances only.

VIETNAM BUSINESS NEWS JUNE 3
VIETNAM BUSINESS NEWS JUNE 3
BUSINESSicon  03/06/2021 

 Stock market hits historic peaks

Investment into local start-ups expected to rise this year
Investment into local start-ups expected to rise this year
BUSINESSicon  01/06/2021 

The investment capital into Vietnamese start-ups this year would see a breakthrough despite a year-on-year decrease of 48 per cent in 2020 to reach US$451 million.

Businesses seek sources to buy vaccines for their workers
Businesses seek sources to buy vaccines for their workers
FEATUREicon  02/06/2021 

The electronics, textile and garment, footwear, wooden furniture and dairy sectors have proposed that the Government allow them to seek vaccine sources and pay for vaccinations at their enterprises so they can maintain production.

Vaccines yet to come, but biotech share prices escalate
Vaccines yet to come, but biotech share prices escalate
BUSINESSicon  02/06/2021 

Biotech shares, especially the shares of vaccine producers, are being sought by investors.

Selling farm produce online: e-commerce sites compete to attract farmers
Selling farm produce online: e-commerce sites compete to attract farmers
BUSINESSicon  02/06/2021 

For years, farmers had to rely on the wholesale distribution method and could not sell products directly to consumers. But that has changed in recent years.

Money flows strongly into Vietnam’s stock market
Money flows strongly into Vietnam’s stock market
BUSINESSicon  02/06/2021 

The flow of money from several hundred thousand newly-opened accounts into the stock market has expanded the pockets of Vietnamese billionaires by hundreds of millions of US dollars in a short time.

 
 
 
Leave your comment on an article

OR QUICK LOGIN